x
By using this website, you agree to our use of cookies to enhance your experience.
STAY CONNECTED!
    
newsletter-button

Here is today’s Breaking News from Letting Agent Today. Join the debate by leaving a comment below a story - you will need to be logged-in to do this.

Breaking News

Right To Rent: how will it work with Brexit Freedom of Movement rules?

The Association of Residential Letting Agents has asked the government for urgent clarification on how Right To Rent will work post-Brexit under new Freedom of Movement...

Fees Ban: tenants with pets could see 4% rent rise, warns agent

The JLL lettings agency is warning that the five week deposit cap enshrined in the Tenant Fees Act is likely to prompt an increase in rent...

Independent agency has had its chips and is acquired by Martin & Co

Property Franchise Group brand Martin & Co has snapped up West Yorkshire independent agent Red Box Residential. Martin & Co’s Saltaire branch, operated by Angela Newark, acquired Red...

Online agency says buy to let investors are getting younger

The average age of those buying investment property has fallen by more than three and a half years in the past nine months alone, according to...

Dawn raid on HMO as London council continues crackdown

A dawn raid on unlicensed HMOs in north London last week were the latest sign of a crackdown on rogue operators by the local authority. Brent council's...

Crooked letting agent had a Land Rover, Porsche and a Florida home

A crooked letting agent took £220,000 from tenants and landlords and has been exposed as buying a home in Florida, renting a luxury apartment, spending £3,000...

Trading Standards launches bid to lift energy standards in rental sector

TrustMark, the government-backed quality kite mark scheme for tradespeople, is launching a pilot with Trading Standards to improve the quality and energy efficiency of rented accommodation. The...

Cash is king for London buy to let as mortgage access tightens

The proportion of landlords purchasing buy to let homes in London with cash rose from 33 per cent in 2017 to 48 per cent in 2018...

Thumbs up for Zoopla's 'No DSS' listings ban

The Residential Landlords Association has given its backing to Zoopla’s ban on agents and landlords advertising properties to rent as ‘No DSS’. Chris Town, RLA vice chair,...

Short let landlords 'not adequately covered by UK insurers’ - claim

There’s a claim today that around one million amateur and professional landlords in the new short lets sector are not adequately covered by UK insurance companies. A...

Zoopla bans ‘No DSS’ restrictions from all lettings listings

Zoopla says it’s introducing new measures to minimise the presence of what it calls “blanket restrictions” imposed on tenants who receive housing benefit. The portal has already...

Brexit or not, London is dearest Europe rental location for expats

Rent in London is the most expensive in Europe for expats, new research shows. The UK capital’s rent averages US$7,189 - that’s £5,187 - per month for...

Buy to let investors told: Don’t sell up - cut costs instead

A PropTech firm says buy to let investors should not respond to the slowing market by selling up, but should instead cut their costs or generate...

Fees Ban will prompt lettings revamp, says property management firm

The ban on tenants’ fees beginning on June 1 presents an opportunity to overhaul the private rental sector, says a property management firm. Mark Neighbour of Mcilroy...

Agents, landlords and tenants invited to ‘better relationship’ sessions

A Scottish mediation company and the SafeDeposits Scotland Trust are to create eight workshops aiming to improve relationships between agents, landlords, and tenants in the private...

HMRC still on Buy To Let warpath, despite campaign flop - warning

There is a warning that the HMRC’s Let Property campaign, which received huge publicity and attention for some years, has so far had only very limited...

Labour savaged for "fundamental misunderstanding" of rental sector

Labour’s proposal to introduce indefinite tenancies along the lines in a bid to emulate the German model reveals the party’s “fundamental misunderstanding” of the rental sector,...

One in three Brits would be happy to rent for life

A new study claims one in three Britons would be happy renting for the rest of their lives - but the downside is that they expect...

Top Suppliers named in latest ESTAS 2019 shortlist - are YOU there?

The best suppliers to the estate and letting agent sector for customer service have been announced by the ESTAS in the build up to the  2019...

Government accused of "almost destroying traditional lettings market”

One of Britain’s most experienced lettings experts has condemned the government for “almost singlehandedly destroying the traditional lettings market.” Lisa Simon - now the head of sales...

Five CMP providers but government says more may be approved

The government says it is still considering applications to operate Client Money Protection schemes from April, despite approving five schemes so far with under three weeks...

Controversial council wins High Court case against landlords' group

Hull council has won a legal case in the High Court against a local trade body, the Humber Landlords Association. The claim challenged the implementation of the...

Trade group demands government acts on "scourge of empty homes"

A lettings sector trade body is demanding that the government brings forward tax measures to address what it calls “the scourge of empty homes.” According to new...

18-month probe into HMOs ends with fine for rogue operator

An 18 month probe by different authorities has led to a £4,000 fine for an HMO owner in the Highlands. The local council and Police Scotland started...

Double Trouble: buy to let investors pay twice the tax of Tesco

Income tax paid by buy to let landlords now exceeds £3.8 billion annually – that’s more than double Tesco’s entire annual tax bill.  Research by the National...

Accreditation bid to boost standards of Airbnb and other short lets

An accreditation scheme has been launched for the fast-growing sector of short lets and home sharing.  The UK Short Term Accommodation Association, which was set up two...

Another London council launches additional licensing scheme for HMOs

Haringey council is the latest local authority in the capital to create a borough-wide additional licensing scheme for HMOs. It claims the scheme “will improve housing standards...

Build To Rent investment revealed for PropTech firm

The London-focussed rental app Movebubble has revealed major new investment from Build To Rent developer Quintain, which is taking a 10 per cent share in the...

Labour pledges ‘indefinite tenancies’ for private renters

Labour says it will introduce new ‘indefinite’ tenancies for private tenants, based on rules currently in place in Germany. It claims German tenancies last, on average, 11...

Rents up in every region of the UK over the past year

The average rent in the UK is now £940 per month, up 3.8 per cent on this time last year. When London’s high rent average is excluded,...

New joiners take deposit alternative scheme's tally to 1,300 offices

Numerous regional independent agency chains have joined Zero Deposit, one of several rental deposit replacement schemes to have appeared in recent years. Zero Deposit, which launched in...

£30,000 in fines for owners of unsafe and unlicensed HMO

Two landlords have been ordered to pay more than £30,000 for breaching fire safety and over-occupancy licence conditions at their House of Multiple Occupation. Barnet council officers...

Rogue landlord ignored Improvement Notice and safety regulations

A landlord has been convicted of three offences relating to his failure to comply with fire safety requirements in a privately rented property. Marcus Brade, from Basildon,...

Shock warning that quarter of landlords considering stopping using agents

More than a third of landlords are looking to cut their annual spending - and many of them are considering ending their use of letting agents, according...

Stop the excuses! Lack of enforcement by councils blasted by trade body

A leading trade body says the argument that councils have insufficient powers to tackle rogue operators isn’t supported by the facts - or the figures. In an...

Inventories ‘could be integral part of rental redress reform’ claim

Independent inventory reporting is the perfect complement to the government’s proposed housing reforms. That’s the view of the UK’s largest provider of inventory services, No Letting Go. It...

What do tenants want? Parking and pets top the list of 'must haves'

New research from Zoopla suggests that parking sits firmly at the top of requirements for renters - but with pet-friendly facilities a growing expectation. The portal analysed...

Agent lied about working for company even after being sacked

A rogue lettings agent has been fined over £72,000 after being found guilty of 15 separate offences relating to three illegally established houses in multiple occupation dating back...

Buy to let rental income leaps 15% in just one year says lettings agent

A lettings agency that has analysed HMRC data says rental income for buy to let landlords has leaped 15 per cent in just one year -...

Right To Rent to be reviewed - but it stays in place for now at least

The Home Office says it will reassess the Right To Rent scheme following last week’s decision by the High Court that the measure breached human rights...

Guidelines issued for new Human Habitation law from March 20

The government has issued guidelines for the implementation of the new Homes (Fitness for Human Habitation) Act which comes into effect on March 20. The act, which...

PropTech lettings platform names comparison service as new partner

Lettings automation service teclet has revealed that the Tenant Shop is the latest partner integrated into its platform. Tenant Shop provides energy, broadband,  utilities, removals and insurance...

New index measures rents, voids, tenancy length for England & Wales

A new index for the lettings sector in England and Wales by PropTech company Goodlord gives a clean bill of health to renting - but shows...

Rents grow in parts of prime London for first time in three years

Data from Knight Frank shows that annual rental values actually grew in parts of prime outer London last month for the first time in three years.  The...

Action! Agency business booms thanks to cinema tickets for landlords

An independent letting agency in the north of England is offering landlords two free cinema tickets when they book a valuation - and so far the...

Buy to let investor has £20,000 bill after failing to apply for council licence

A buy to let investor has been landed with a fine and costs of over £20,000 because he failed to apply for a licence from his...

New agents targeted for deposits training in Scotland

A programme of nine new educational workshops takes place next month, some of which target new agents with little or no experience of deposits issues.  Hosted by SafeDeposits Scotland, a...

'No DSS' - momentum building to end bias against benefit tenants

Momentum is building in the campaign to end ‘No DSS’ discrimination against private rental sector tenants in receipt of housing benefit. Late last week the government revealed...

Gap between renting and buying at its lowest level for nine years

The gap between the cost of buying and renting is down 59 per cent to its lowest level in nine years according to the Halifax.  Back in...

Lettings at centre of Connells’ long-term apprenticeship scheme

Connells Group is backing this week’s National Apprenticeship Week and has launched a new head office programme giving around 100 existing members of staff courses in...

valpal
submit